GBPJPY

The Congestion Opportunities Strategy has just sold GBPJPY at 144.937. The system recommends entering this trade at any price between 144.752 and 145.122. The signal was issued because the 28-hour Relative Strength Index indicates that the GBPJPY may be overbought, while the Speculative Sentiment Index reading of -1.252 indicates that trader sentiment is not at...

The weekly chart shows that a monthly channel has been confirmed with price re-entering from the bottom. This is bullish for the several months or so.

-M formation coming up -EMAS closing in -rebound from monthly -if we go down we could go to the next significant support We'll se how price action goes, because I think we need a bit more confluence.

GBPJPY

GBPJPY is approaching our first resistance at 145.66(78.6% Fibonacci retracement , 61.8% Fibonacci extension , horizontal swing high resistance) where we might see a drop in price to our first support at 143.37 (61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal pullback support ). Stochastic (55,5,3) is also approaching resistance and we might...

#GLHF #TuenTrader

GBPJPY broke the resistance and tested it as a support, following a nice intraday uptrend. I will go long after the price rises 10 pips more.

Entering on a bullish MACD cross while ABOVE zero-line , signaling bullish continuation. Note that I use MACD ONLY for continuation and do not attempt to find reversals using the MACD as I do not find it to be very accurate in FX Trade is on the daily timeframe and has a 1 ATR stoploss (148 pips), 1ATR target 1 where I take 50% of my position off and move stop...

GBP/JPY shows us after today bounce for over 0.80% that RSI is overbought or just is in a lasting uptrend . Brayzil team preferences is : the upside prevails as long as 143.96 is support , below this level we looking a return back to 143.5 as 1st target and 143.15 The configuration for this pair is positive at the moment . All attention on Brexit , "Deal " or...

GJ - BULLISH - Structure continue on H4 #Forex #FxProNow We see now that price has continued to the upside and has broken a level of resistance... Showing that buyers are in control still... We will now wait for a nice retrace then look for the opportunity to look for price to continue to 147.000

Our Long trade went well and generated 100 + pips so far - See attached - Potential Retracement as described on the chart.

Performing double top would be nice

Break of structure on H4 Chart. Wait for a pullback before going long. 143 resistance turned support will allow for an entry with a tight stop

D1 - Price has reached above the middle of the channel. We may now expect the price to move higher towards the top of this channel. H4 - Price has broken above the top of the small channel. If this turns out to be a valid breakout, we may then consider this as an evidence of bullish pressure and then start looking for buys with more bullish evidences.

Short at res

The Breakout Opportunities system has just sold GBPJPY at 142.591. The system recommends entering this trade at any price between 142.296 and 142.695. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.521, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour...

Price still moving inside the channel and short term potentially down. On H1 we have rejection from upper channel.

GBPJPY - BEARISH - Finally TP 140.8 #Forex #FxProNow This has to be the completion lol We see a level of resistance created... No more BUYs! lol Entry - We have already entered on the bearish engulfing at the top and another one at the bearish engulfing on the M15... SL - Price should not pass close past 143.00 TP - 140.8 Any questions? Leave a comment...